GAFI to Tender Numerous Land Plots, Red Sea

• Thursday, 19th January 2017
• by Farah Montasser

General Authority for Investment and Free Zones (GAFI) is to offer 10 mn square meters of land in the governorate of the Red Sea for industrial and tourist projects on January 22, AlBorsa News reported

Italian Firm To Renovate King Fahd International Stadium, Riyadh

• Thursday, 12th January 2017
• by Farah Montasser

The Saudi General Sport Authority (GSA) has commissioned Schiattarella Associati, an Italy-based leading architectural firm, out of five competing firms, for the modification of King Fahd International Stadium in Riyadh

DIRC Unveils Easy Payment Plans for ‘Mirdif Hills’

• Thursday, 12th January 2017
• by Farah Montasser

Dubai Investments Real Estate Company (DIRC) has set up plans to facilitate payments for buyers of units in its AED 3 bn development project ‘Mirdif Hills’

Trump Turns Down USD 2 bn Deal from Dubai’s DAMAC

• Thursday, 12th January 2017
• by Farah Montasser

In a press conference held on Wednesday in New York City, President-elect Donald Trump announced that he turned down a USD 2 bn offer from Hussain Sajwani, founder of Dubai-based developer DAMAC Group

No rent hike this year: Muscat Municipality

• Tuesday, 10th January 2017
• by Farah Montasser

“So far, we have not discussed reviewing rental fees this year. Most probably, there will be no increase this year,” Salim Mohammed Al Ghamary, a Muscat Municipality Council member, told Times of Oman

HHD and SODIC to Postpone Project Development in Heliopolis

• Tuesday, 10th January 2017
• by Farah Montasser

Heliopolis for Housing & Development (HHD) and SODIC agreed to postpone their partnership project aiming to develop 655 acres of lands until next September due to economic challenges following the float of the EGP, A ...

Madbouly Follows Up on Construction Works in 6th of October City

• Tuesday, 10th January 2017
• by Farah Montasser

Minister of Housing Mostafa Madbouly followed up on roads’ construction, the social housing project, and the Dar Misr project in his visit to 6th of October City, a ministry statement notes

Hilton Inaugurates its Third Hotel in Doha

• Monday, 9th January 2017
• by Farah Montasser

Hilton unveiled its third hotel in the Qatari capital on Monday, located in AlRayaan neighborhood next to Mall of Qatar, Gulf Business reports.

More Residential Developments To Hit Dubai and Abu Dhabi

• Monday, 9th January 2017
• by Farah Montasser

Dubai is scheduled to receive 31,000 residential units in 2017, while Abu Dhabi’s Corniche, Al Raha Beach, Al Reem, and Saadiyat Islands are anticipating a sum of 5,000 units, according to a JLL report

Bahrain Municipal Projects to be Scaled Down

• Tuesday, 3rd January 2017
• by Farah Montasser

Bahraini government forced 22 municipal projects to be scaled down, as government officials deemed them too expensive, reported Arabian Business